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The Contract Administrator is a senior member of the firms accounting department and works under the direct supervision of the Controller. The Contract Administrator serves as the companys primary resource for contract reviews and is also responsible for job costing.
Core Values
All MGE's must believe, endorse, and always exemplify the core values of the organization.
This includes:
Passion for engineering
We celebrate engineering as a service, strive to understand how things work, and are enthused about engineering practical solutions to complex challenges. MGE employees must believe, endorse and exemplify the same.
Essential Functions (Role-Specific Competencies)
Finance - Contract Administrator
Level 4 (Company Expert / Functional Leadership)
Core Competencies
Project Management
Level 4 (Functional Mastery)
Project Management
Relationship Management
Problem Solving
the team to fill knowledge gaps through active & proactive research. Assesses team issues from different vantage points, thinks "outside the box", & formulates the most effective solution in addressing specific challenges. Takes a "prevent rather than intervene" approach by focusing on team quality and due diligence.
Customer Satisfaction
Communication
Level 4 (Functional Mastery)
Listens and asks questions to fully understand the scope of the project. Clearly conveys the focus and intent of the project to the team. Puts instructions into a framework that team members working on the project can understand. Explains how the project fits in with the overall scheme of the company and its ultimate objective.
Through writing and speaking openly & honestly with appropriate body language and grammar, successfully inspires trust in both the stakeholders and the team members. Through honest feedback and clear direction, instills loyalty in team, making it easier to deliver instructions, make changes and provide constructive criticism. Reports the teams progress to the client with assurances that keep the client satisfied.
Leadership
Level 4 (Functional Mastery)
Enables, motivates, and inspires the team to meet deliverables within project constraints by demonstrating commitment, expertise, confidence, genuine concern, and the ability to help everyone solve challenges and achieve goals. Finds the key factors that motivate each team member, settles disputes, and effectively encourages the team to maintain its focus. Conducts timely and recurring career development and performance management for team.
Accountability
Level 4 (Functional Mastery)
Self-Direction & Sense of Urgency:
Flexibility & Resilience
Results Driven
Requirements & Compliance
Compliance
All employees of the organization are required and expected to meet the qualifications of the position. On an ongoing basis, all employees must meet the performance metrics of the job description satisfactorily, and in accord with the company performance management system. All employees must comply with all corporate standards, guidelines, codes of conduct, & policies as outlined in this document, in the corporate handbook, on the employee intranet, and as expressed either verbally or in writing. It is the responsibility of all employees to know, understand & comply with all compliance expectations herein.
All employees of the organization are required and expected to satisfactorily complete the learning curriculum prescribed by the Management Team.
Possesses a keen eye for detail.
Other
$66k-88k (estimate)
11/17/2022
09/22/2023
The job skills required for Contract Administrator include Planning, Problem Solving, Accounting, Flexibility, Leadership, Commitment, etc. Having related job skills and expertise will give you an advantage when applying to be a Contract Administrator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Contract Administrator. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Contract Administrator positions, which can be used as a reference in future career path planning. As a Contract Administrator, it can be promoted into senior positions as a Contracts Administration Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Contract Administrator. You can explore the career advancement for a Contract Administrator below and select your interested title to get hiring information.
If you are interested in becoming a Contract Administrator, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Contract Administrator for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Contract Administrator job description and responsibilities
Thus, this entails working to ensure that the terms and conditions contained within the contract are adhered to and that all of a party’s contractual obligations are met satisfactorily.
03/18/2022: Pocatello, ID
Contract administrators should seek to extract and store key dates centrally.
04/03/2022: Colorado Springs, CO
Administrators need to ensure they are able to collaborate with other teams while having a reliable approach to version control.
02/05/2022: Knoxville, TN
A contract manager may be employed to oversee the contract, and their role begins as soon as talk of a contract begins.
01/06/2022: Syracuse, NY
Remote contract administrators often research existing and modified regulations, construct pricing exhibits, and create special contracts for customers or vendors offered a bargain.
01/31/2022: Fresno, CA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Contract Administrator jobs
With contract repository software, fragmented approaches to administration can be eliminated and seamless data capture and storing can be achieved.
03/28/2022: Utica, NY
After the contract has been accepted and executed, there can be amendments and revisions needed as projects and tasks get underway.
04/02/2022: Bellingham, WA
Set and measure contract management KPIs.
01/13/2022: Parkersburg, WV
Conduct regular compliance reviews.
02/06/2022: Huntsville, AL
Conduct an audit of all things contract related. Develop a formal contract management framework.
03/16/2022: Shreveport, LA
Step 3: View the best colleges and universities for Contract Administrator.